A charge paid by the shipper or consignee in advance of the shipment.
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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.
What is Advanced Charge?
In the context of shipping, an advanced charge is a fee charged by a shipping company or freight carrier for a service that is provided in advance of the shipment or delivery of goods. Advanced charges may include fees for services such as container delivery, customs clearance, or documentation.
The cost of advanced charges can vary depending on the nature and scope of the service being provided, as well as the shipping company or freight carrier involved. Typically, advanced charges are calculated based on the estimated cost of providing the service, plus a markup to cover the shipping company’s or freight carrier’s overhead and profit.
Related Glossary terms
→ Advance Against Documents
→ Customs Clearance
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